Moneda S.A. Administradora General de Fondos
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed December 5, 2025), Moneda S.A. Administradora General de Fondos reported 26 stock positions worth $90.6 million. Its top holding was MercadoLibre (MELI) at 29.6% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 6.6%) and iShares MSCI Acwi ETF (ACWI, 6.3%). Compared with Q2 2025, it opened 4 new positions, sold out of 3, added to 7 and reduced 7. The biggest buy was a new position in Transportador Gas-ADR SP B (TGS) and the biggest sale an exit from Cia DE Minas Buenaventur-ADR (BVN).
- Most Recent 13F
- Q2 2026
- Location
- LAS CONDES, SANTIAGO, F3
- CIK
- 0001536361
- Portfolio Value
- $90.6M (Q3 2025)
- SEC Filing
- 0001420506-25-003523 ↗ filed Dec 5, 2025
Holdings Value
Holdings 26 stocks · $90.6M
| MELI MercadoLibre Inc. | 29.57% | 11,517 | $26.8M | Add +7.0% |
| IVV iShares Core S&P 500 ETF | 6.58% | 8,700 | $6.0M | No change |
| ACWI iShares MSCI Acwi ETF | 6.34% | 40,586 | $5.7M | Reduce -6.8% |
| AGG iShares Core U.S. Aggregate | 5.97% | 53,752 | $5.4M | Reduce -20.6% |
| PBR Petroleo Brasileiro-Spon ADR | 5.77% | 448,680 | $5.2M | Reduce -12.1% |
| TGS Transportador Gas-ADR SP B | 5.59% | 162,551 | $5.1M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.24% | 6,954 | $4.7M | No change |
| PAM Pampa Energia SA-Spon ADR | 4.73% | 49,911 | $4.3M | New |
| VALE Vale SA-SP ADR | 4.29% | 321,714 | $3.9M | Reduce -33.6% |
| MCHI iShares MSCI China ETF | 3.05% | 43,482 | $2.8M | Add +3.9% |
| AAXJ iShares MSCI All Country Asi | 2.73% | 26,131 | $2.5M | Add +6.3% |
| ILF iShares Latin America 40 ETF | 2.71% | 83,300 | $2.5M | Add +19.8% |
| EWC iShares MSCI Canada ETF | 2.64% | 47,090 | $2.4M | No change |
| BND Vanguard Total Bond Market | 2.38% | 28,940 | $2.2M | No change |
| LOMA Loma Negra Cia Ind-Spon ADR | 2.25% | 185,608 | $2.0M | Reduce -2.2% |
| VIST Vista Energy Sab DE CV | 2.19% | 40,926 | $2.0M | Reduce -10.5% |
| EWY iShares MSCI South Korea ETF | 1.28% | 11,989 | $1.2M | No change |
| EZA iShares MSCI South Africa Et | 1.22% | 17,274 | $1.1M | No change |
| KSA Ishrs MSCI Saudi Arabia ETF | 1.15% | 25,903 | $1.0M | Add +9.2% |
| EWA iShares MSCI Australia ETF | 0.92% | 31,006 | $830K | No change |
| EEM iShares MSCI Emerging Market | 0.91% | 14,940 | $826K | Add +9.4% |
| PAAS Pan American Silver Corp. | 0.63% | 16,093 | $567K | New |
| INDA iShares MSCI India ETF | 0.59% | 9,882 | $533K | Reduce -16.0% |
| UAE iShares MSCI Uae ETF | 0.53% | 24,494 | $482K | Add +11.9% |
| MP MP Materials Corp. | 0.47% | 6,688 | $422K | New |
| EWJ iShares MSCI Japan ETF | 0.28% | 2,993 | $250K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| BVN Cia DE Minas Buenaventur-ADR | Sold out | 0.00% | −5.61 |
| GGAL Grupo Financiero Galicia-ADR | Sold out | 0.00% | −3.64 |
| SQM Quimica Y Minera Chil-SP ADR | Sold out | 0.00% | −2.49 |
| AGG iShares Core U.S. Aggregate | Reduce -20.6% | 5.97% | −1.31 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -12.1% | 5.77% | −1.16 |
| VALE Vale SA-SP ADR | Reduce -33.6% | 4.29% | −0.80 |
| VIST Vista Energy Sab DE CV | Reduce -10.5% | 2.19% | −0.18 |
| INDA iShares MSCI India ETF | Reduce -16.0% | 0.59% | −0.12 |
| LOMA Loma Negra Cia Ind-Spon ADR | Reduce -2.2% | 2.25% | −0.01 |
| ACWI iShares MSCI Acwi ETF | Reduce -6.8% | 6.34% | +0.27 |
Portfolio Buys Q2 2025 → Q3 2025
| TGS Transportador Gas-ADR SP B | New | 5.59% | +5.59 |
| PAM Pampa Energia SA-Spon ADR | New | 4.73% | +4.73 |
| ILF iShares Latin America 40 ETF | Add +19.8% | 2.71% | +0.73 |
| PAAS Pan American Silver Corp. | New | 0.63% | +0.63 |
| MCHI iShares MSCI China ETF | Add +3.9% | 3.05% | +0.55 |
| AAXJ iShares MSCI All Country Asi | Add +6.3% | 2.73% | +0.53 |
| MP MP Materials Corp. | New | 0.47% | +0.47 |
| EEM iShares MSCI Emerging Market | Add +9.4% | 0.91% | +0.20 |
| KSA Ishrs MSCI Saudi Arabia ETF | Add +9.2% | 1.15% | +0.16 |
| UAE iShares MSCI Uae ETF | Add +11.9% | 0.53% | +0.09 |
| MELI MercadoLibre Inc. | Add +7.0% | 29.57% | −0.92 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 31 | $122.0M | MELI, IVV, VALE, ACWI, CIB |
| Q1 2026 | 25 | $122.6M | MELI, VALE, SQM, CIB, PBR |
| Q4 2025 | 32 | $111.3M | MELI, AERO, IVV, ACWI, AGG |
| Q3 2025 | 26 | $90.6M | MELI, IVV, ACWI, AGG, PBR |
| Q2 2025 | 25 | $92.3M | MELI, AGG, PBR, ACWI, IVV |
| Q1 2025 | 26 | $93.2M | MELI, PBR, AGG, VALE, ACWI |
| Q4 2024 | 25 | $96.2M | MELI, VALE, PBR, AGG, ACWI |
| Q3 2024 | 25 | $121.0M | VALE, MELI, PBR, AGG, ACWI |
| Q2 2024 | 26 | $142.3M | PBR, MELI, VALE, CX, GGB |
| Q1 2024 | 25 | $178.1M | PBR, VALE, MELI, CX, GGB |